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This State is Looking at Bankruptcy – There’s a Simple Way to Pull Back from the Brink
IWB ^ | Mark Angelides

Posted on 06/23/2017 1:58:57 PM PDT by davikkm

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To: davikkm
This State is Looking at Bankruptcy

Fake news headline. Read Section 109 of the Bankruptcy Code.

21 posted on 06/23/2017 3:39:41 PM PDT by PAR35
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To: Savage Beast

I first saw the territory idea on FR. I don’t recall if it was a post by you or someone else, but it makes a lot of sense.


22 posted on 06/23/2017 3:40:56 PM PDT by PAR35
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To: davikkm

Please let them declare Chapter 9.


23 posted on 06/23/2017 4:10:23 PM PDT by Renkluaf
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To: txrefugee

The federal government, unlike the states can create money by fiat. They won’t “run out”, they will just inflate it. QEXXIII

Unless of course Trump really can grow the economy by 6%.


24 posted on 06/23/2017 4:20:13 PM PDT by Hugin (Conservatism without Nationalism is a fraud.)
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To: PAR35

I’ve never seen the idea before, but it’s likely that a number of people came up with the same idea independently. Free Republic tends to be populated with extremely intelligent, highly creative, honest people.


25 posted on 06/23/2017 4:22:31 PM PDT by Savage Beast (MegaMAGA!)
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To: All

Here’s a good solution by ChiTrib writer, John Kass

http://www.chicagotribune.com/news/columnists/kass/ct-dissolving-illinois-kass-met-20170620-column.html


26 posted on 06/23/2017 4:35:52 PM PDT by PGalt
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To: marktwain
Here’s an easy one. If you are illegal you do not get benefits. No food stamps, no free housing no free medical.

How about no one get anything free??

27 posted on 06/23/2017 4:36:35 PM PDT by ealgeone
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To: davikkm

Illinois is all our futures if we dont destroy the uniparty.


28 posted on 06/23/2017 5:10:39 PM PDT by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
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To: Jonty30

“Put the state under a federally appointed emergency manager with the ability to say no to the state legislature.”

The federal government has that option under the 1867-68 Reconstruction Act.

Under the act, a military governor is appointed, backed by troops. The entire Illinois congressional body is thrown out of Congress. Then the state is told to pass constitutional legislation that gives its citizens their rights as outlined by the US Constitution.

There’s more. Books have been written about reconstruction.


29 posted on 06/23/2017 5:16:20 PM PDT by sergeantdave
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To: PGalt

Wisconsin does not want the Chicago part. We will trade that for other land with Indiana.


30 posted on 06/23/2017 5:19:02 PM PDT by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
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To: Secret Agent Man

Maybe Wisconsin could trade Racine and Milwaukee for downstate Illinois...


31 posted on 06/23/2017 5:50:02 PM PDT by marktwain (President Trump and his supporters are the Resistance. His opponents are the Reactionaries.)
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To: Secret Agent Man
Wisconsin does not want the Chicago part.

Thanks. That did strike me as a potential sticky part of the essay.

Breaking up a bankrupt 'rat state has some positives.

HOORAY Wisconsin (most surprising), Michigan and Pennsylvania in the 2016 election.

32 posted on 06/23/2017 6:04:56 PM PDT by PGalt
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To: KarlInOhio
1. Stop Sanctuary City processes for any illegal migrant who commits a crime.

1. Stop Sanctuary City processes for any illegal migrant who commits a crime.

33 posted on 06/23/2017 6:17:56 PM PDT by itsahoot (As long as there is money to be divided, there will be division.)
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To: PGalt

I was not surprised. We had a lot of close national elections prior and we the state went very right the last 6 years. The surprise was the dems couldnt use their chicago buddies to steal the election this time.


34 posted on 06/23/2017 6:41:59 PM PDT by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
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To: davikkm

The enabling personality is default. President Trump and Congress may be tempted at some form of bailout for Illinois, such as, money from Texas, who are currently keeping the nation afloat.

But similarly, feeling the pain of the Obamacare mess of insurance company abandonment, this real pain for citizens changes attitudes. It changes minds.

Let Illinoians feel the pain.


35 posted on 06/23/2017 7:18:55 PM PDT by TheNext (SLOW FUND Wall = Trump 2020 Trump Jr 2024 Eric 2032)
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To: davikkm

Could the state of Illinois soon become like the cities of Detroit and Flint?


36 posted on 06/23/2017 8:01:50 PM PDT by Doc91678 (Doc91678)
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